Daniel K. Mahoney - Mar 22, 2023 Form 4 Insider Report for CRA INTERNATIONAL, INC. (CRAI)

Role
EVP, CFO AND TREASURER
Signature
Delia J. Makhlouta, by power of attorney
Stock symbol
CRAI
Transactions as of
Mar 22, 2023
Transactions value $
-$12,426
Form type
4
Date filed
3/24/2023, 05:00 PM
Previous filing
Mar 14, 2023
Next filing
Mar 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRAI Common Stock Options Exercise $0 +373 +4.81% $0.00 8.12K Mar 22, 2023 Direct
transaction CRAI Common Stock Disposed to Issuer -$917 -8.53 -0.1% $107.56 8.11K Mar 22, 2023 Direct
transaction CRAI Common Stock Tax liability -$11.5K -107 -1.32% $107.56 8.01K Mar 22, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CRAI Restricted Stock Units Options Exercise $0 -373 -33.33% $0.00 745 Mar 22, 2023 Common Stock 373 Direct F1, F2
holding CRAI Restricted Stock Units 970 Mar 22, 2023 Common Stock 970 Direct F1, F3
holding CRAI Restricted Stock Units 1.33K Mar 22, 2023 Common Stock 1.33K Direct F1, F4
holding CRAI Restricted Stock Units 6.55K Mar 22, 2023 Common Stock 6.55K Direct F1, F5
holding CRAI Restricted Stock Units 1.75K Mar 22, 2023 Common Stock 1.75K Direct F1, F6
holding CRAI Restricted Stock Units 1.34K Mar 22, 2023 Common Stock 1.34K Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ('RSU') represents a contingent right to receive one share of the Issuer's common stock; vested RSUs are payable in the form of cash, shares of the Issuer's common stock or a combination thereof, except as otherwise indicated below. To the extent vested RSUs are paid in shares of the Issuer's common stock, such shares will be delivered to the reporting person as soon as possible after vesting, but in no event later than two and one-half months after the end of the year in which vesting occurs, subject to the collection of withholding taxes. Dividend equivalent rights accrue with respect to unvested RSUs in the form of additional RSUs ('Dividend Units') when and as dividends are paid on the Issuer's common stock, and Dividend Units vest on the same dates and in the same relative proportions as the RSUs on which they accrue.
F2 The remaining RSUs, which include an aggregate of 17.0506 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.
F3 The RSUs, which include an aggregate of 25.7418 Dividend Units, vest in two equal annual installments beginning on December 15, 2023.
F4 The RSUs, which include an aggregate of 13.6344 Dividend Units, vest in three equal annual installments beginning on March 10, 2024.
F5 The RSUs, which include an aggregate of 279.5702 Dividend Units, vest in two equal annual installments beginning on April 3, 2023.
F6 The RSUs, which include an aggregate of 46.3356 Dividend Units, vest in two equal annual installments beginning on December 15, 2023.
F7 The RSUs, which include an aggregate of 30.6916 Dividend Units, vest in two equal annual installments beginning on March 22, 2024.